$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ Received fly knife at 3.85, there is really nothing else to buy.

$Meta Materials Inc. Class A Preferred Stock (MMTLP.US)$ $Meta Materials (MMAT.US)$ $Green Giant (GGE.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $NIO Inc (NIO.US)$ $AMC Entertainment (AMC.US)$ $AMC Preferred Equity Unit (APE.US)$ $Senti Biosciences (SNTI.US)$ $Shuttle Pharmaceuticals (SHPH.US)$ $GameStop (GME.US)$ $Carvana (CVNA.US)$ $Tesla (TSLA.US)$ $Advanced Micro Devices (AMD.US)$ $Apple (AAPL.US)$ $Camber Energy (CEI.US)$ $Mullen Automotive (MULN.US)$ $Palantir (PLTR.US)$ $Jaguar Health (JAGX.US)$ $NASDAQ (NASDAQ.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$
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$Freight Technologies (FRGT.US)$
next candidates for 1 dollar setup is
$180 Life Sciences (ATNF.US)$
$Akanda (AKAN.US)$

$Lucid Group (LCID.US)$
7000 units of production capacity, 35000 vehicle orders can be produced for 5 years.
If the average selling price is $100,000 per vehicle and the profit margin is 20%, the profit per vehicle is $20,000. The annual profit for 7,000 vehicles is $0.14 billion. If it can support a 10x PE ratio, Lucid's market cap would be $1.4 billion.
However, the current market cap of Lucid is $18 billion, with a stock price of $10.8. If we calculate based on a market cap of $1.4 billion, its current stock price is only worth $0.84.
If Lucid can solve the supply chain issues and achieve the goal of producing 500,000 vehicles annually by 2030, the production capacity will be 70 times the current capacity, and the stock price will be 70 times higher, approximately $60.
However, a production capacity of 0.5 million cannot produce cars averaging $100,000. It is estimated to be averaging $40,000, so the stock price should be discounted by 60%. That is, the stock price in 2030 is $24.
To achieve this goal, it would be best for the Lucid CEO to first resolve the current complex international situation, otherwise, the production capacity cannot be discussed. In addition, Lucid should transition to hydrogen energy vehicles as soon as possible, because from first principles, hydrogen energy is the future of new energy, and electric energy is just transitional.
In conclusion, my analysis is that if Lucid is lucky, it can produce and fulfill 35,000 orders and then close in 5 years. If luck is not on its side, it may fold within five years.
The above conclusions are valid for all emerging electric car manufacturers other than Tesla, and the analysis is for reference only and not as investment advice!
$Rivian Automotive (RIVN.US)$ $Tesla (TSLA.US)$

$Meta Platforms (META.US)$ shares are trading higher Wednesday in reaction to $Snap Inc (SNAP.US)$ restructuring plan, which includes a focus on growth and augmented reality, as well as a 20% workforce reduction.
Snap provided plans to increase focus on three new strategic priorities: community growth, revenue growth and augmented reality. Snap said it will substantially reduce or eliminate any investments that are not directly related to the company's new s...